New Apartments Getting Smaller As Developers Make Their Offerings More Affordable

By Accommodation Times Bureau GURUGRAM: The size of the new apartments offered by developers has come down in the range of 15-17 per cent on an average in the last couple of years across the top cities in the country, according to data released today by Square Yards. “The saleable area for new

Smartworks leases space in Delhi NCR to expand operations

By Accommodation Times Bureau NEW DELHI: Smartworks, a workspaces provider, today announced the leasing of two new facilities in Delhi NCR; one on Delhi-Noida Expressway and the other in Gurugram. The two new centres span more than 3 lakh sq.ft. in total with a combined seating capacity of 6500 seats, providing impetus

Residential prices expected to remain contained, launches & sales expected to pick pace: Report

By Accommodation Times Bureau MUMBAI: Knight Frank India in association with National Real Estate Development Council (NAREDCO) and the Federation of Indian Chambers of Commerce and Industry (FICCI), today released the Real Estate Sentiment Index, which broadly captures the overall perceptions and expectations of industry leaders. The report is based on a

Land Pooling – A New Paradigm for Urban Development of Delhi says Puri

By Accommodation Times Bureau NEW DELHI: Land pooling is a new paradigm for the urban development of Delhi, wherein the private sector will play an active role in assembling land and developing physical and social infrastructure, said Hardeep Puri, Minister of State (I/C) for Housing & Urban Affairs on Tuesday. He was addressing

Net-zero Buildings – The bright prospect of Indian Real Estate

Ecologically accountable and resource-efficient buildings in current times have become an essential part and future of the real estate industry. Today the government, developers, builders and end users recognize the need and importance of green buildings and are implementing sustainable practices at a fast stride. Home buyers comprehend the significance

Haryana approves Policy for Allotment of Govt Land for Charitable trusts, institutions, religious

By Accommodation Times Bureau CHANDIGARH: Haryana Cabinet, on Monday, approved ‘Policy for Allotment of Government/Land for Social/Religious/Charitable/Community Purposes to the Trusts/Private Institutions’. The policy has been framed to provide land of any government department for social, religious, charitable trusts or institutions for the construction of worship places, Dharamshalas, Janjghars, Barat Ghar and

Mumbai City: BMC presents Rs 30,692 Cr budget for 2019-20

By Accommodation Times Bureau India’s richest civic body Brihanmumbai Municipal Corporation (BMC) presented a Rs 30,692 crores budget for Mumbai city on Monday, which is around Rs 3,500 crores more than the previous one. The BMC Commissioner Ajoy Mehta presented the budget to the Standing Committee chairperson Yashwant Jadhav. The major allocations

Godrej to develop 6 new projects in Pune

By Rohit Sharma Godrej Properties Ltd today announced that it has entered into an equity investment platform in partnership with a Pune-based developer to develop six projects across Pune. This portfolio comprises various asset classes including group housing projects, plotted development, mixed-used use development and township projects. The total land that will be

Guj & BioChem USA signs MoU worth Rs 3000 Cr for Biorefinery plant

By Accommodation Times Bureau GANDHINAGAR Recently, Government of Gujarat and BioChem USA signed MoU for Biorefinery plant worth Rs 3,000 crore which will be set up at Dahej PCPIR. Yogi Sarin from BioChem and Principal Secretary of Industries and Mines M. K. Das signed the MoU. This plant will be set up with

Brigade – Cornerstone Properties JV for mixed-use township

By Accommodation Times Bureau Brigade, a leading developer headquartered in Bangalore, today launched the joint development project the launch Brigade Cornerstone Utopia, an extraordinary, future-ready, mixed-use township that is designed to redefine Whitefield. The project is a joint development between Brigade and Cornerstone Bay Properties Private Limited. The project is a 47-acre